( igi ) 



Let at I /. 10 s. the account will be as follows : 



115 Acres, at i /. 10/. - £. ij^:* 10 o 



Old rent, - £. 57 10 o 



Intereft, - 75 o ^ 



n^ 10 o 



Annual profit, - - 4Q Q Q 



Rent, at I /. I o J-. - - 1 7 i i o o 

 Old rent, _ - - ^^y 10 o 



Improvement, - " £• 1^5 ^ ^ 

 Which is 7 /. 14 J", per cent, on capital. 



I give this variation for the ufe of dif- 

 ferent countries, but fliall myfclf calculate 

 on 9 /. 10 J-. per cent, being, as I appre- 

 hend, nearer the truth, or 11 /. g s. laid 

 down to grafs. The account merits no tri- 

 vial attention ; for we find, by continuing 

 the tenant he makes but 9 /. g s. per cent, ; 

 whereas, by letting the farm, he acquires 

 9 /. 9 J-. or 1 1 /. 1 1 J". : the tirft intereft is 

 open to chances, and dependent on con- 

 tingeopies, and to all thofe deductions ari- 

 fing from the inferiority of the gentleman 

 to the farmer, which are unfufceptible of 

 calculation ; whereas the latter is fure, and 

 open to none of thefe deductions. In a 

 word, the difference is exceedingly great, 

 and proves, that gentlemen s moft profit- 

 able hufbandry in the improvement of bad 

 Q lands, 



